Unity CEO Announces Retirement after Introducing Controversial Runtime Fee for Game Installs

[Tsing]

Unity has announced that John Riccitiello will retire from his role as President, Chief Executive Officer, Chairman, and a member of the company's Board of Directors, effective immediately. Riccitiello, who has served as Unity's CEO and president since 2014, didn't elaborate on why he is leaving in Unity's press release, but Unity users suspect it has a lot to do with the plan pricing and packaging updates that Unity announced in September, which introduced the concept of charging a fee for each and every game install that passes certain thresholds. Unity offered an apology later that month, confirming that it would be making a number of changes to fan the flames of the outrage.

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[Zarathustra]

CEO's and other senior executives always involuntarily "retire" after ****ing up big.

No one at that level ever gets "fired".

 

[Grimlakin]

CEO's and other senior executives always involuntarily "retire" after ****ing up big.

No one at that level ever gets "fired".

Retirement preserves the golden parachute, AND at that level you generally have dirt on so many others it's in their interest to let you retire.